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Question regarding Trading Systems

  • #1
  • First Post: Jul 13, 2010 8:05am Jul 13, 2010 8:05am
I have 2 question about trading an EA or Trading System.

1) Is there a limit to the amount of lots you can trade on an EA?
I see that many EAs trade small lots like 0.01 or 0.1. Will the EA do as well if we trade 1 or even 10 lots?

2) How long will it take for a shared EA to die out
Many systems are profitable. But I would imagine that with so many people trading it, it would diminish in profit after a while. How do know that an EA has stopped working?
  • #2
  • Jul 15, 2010 12:49am Jul 15, 2010 12:49am
Quoting lolbin7
I have 2 question about trading an EA or Trading System.

1) Is there a limit to the amount of lots you can trade on an EA?
I see that many EAs trade small lots like 0.01 or 0.1. Will the EA do as well if we trade 1 or even 10 lots?
2) How long will it take for a shared EA to die out
Many systems are profitable. But I would imagine that with so many people trading...
1) It might not get a fill because of the order size. Depends on your broker. You must have loads of money to throw away if you are considering this.

2) I imagine the more the merrier. If it stopped making a profit I think that might be an indication it had stopped working?

I have a very low opinion of EA's. They will work if they are monitored carefully. But so will trading manually.
Gone to a better place
  • #3
  • Jul 15, 2010 1:08am Jul 15, 2010 1:08am
Quoting lolbin7
I have 2 question about trading an EA or Trading System.

1) Is there a limit to the amount of lots you can trade on an EA?
I see that many EAs trade small lots like 0.01 or 0.1. Will the EA do as well if we trade 1 or even 10 lots?

2) How long will it take for a shared EA to die out
Many systems are profitable. But I would imagine that with so many people trading it, it would diminish in profit after a while. How do know that an EA has stopped working?
1) It is all relative to the account balance in terms of %age risk etc. Also depends highly on the system the EA is trading the Risk:Reward ration of the said system and the success factor of the system.

2) what smikester said.
  • #4
  • Last Post: Jul 15, 2010 3:25am Jul 15, 2010 3:25am
Quoting lolbin7
2) How long will it take for a shared EA to die out
Many systems are profitable. But I would imagine that with so many people trading it, it would diminish in profit after a while. How do know that an EA has stopped working?

The market doesn't give a fuck about what retail traders do. If it stops working it's certainly not because of "many retail traders using the same EA".
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